Garuda joins Asian recovery

2000-02-01T00:00:00

Garuda Indonesia claims to have broken-even last year, reversing seven years of losses. The carrier's president, Abdulgani, says preliminary, unaudited, figures for 1999 show a 600 million rupiah ($83,000) net profit, after 1998's two trillion rupiah ($275 million) net loss. He says recent restructuring efforts are paying off.

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